The office rental market was dominated in the first quarter of 2023 by companies from the IT&Communication sector, with 19 percent of the newly leased area, followed by companies from the Medical&Pharma and Energy sectors, with 14 percent and 13 percent of the area respectively, shows an analysis carried out by real estate consulting company Esop.
“In the last two years, 2021 and 2022, the share of new office space rentals by IT companies reached 23 percent, and the transaction level from the first quarter of this year foreshadows a similar level for the year 2023”, declared Alexandru Petrescu managing partner at ESOP Consulting | CORFAC International.
